Question: am i doing this correctly? i iust need help with this being explained to me! View Policies Current Attempt in Progress Prepare the journal entries

am i doing this correctly? i iust need help with this being explained to me!
am i doing this correctly? i iust need help with this being

View Policies Current Attempt in Progress Prepare the journal entries to record the following transactions on Wildhorse Company's books using a perpetual inventory system (W no entry is required, select "No Entry for the account titles and enter for the amounts Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem) la) (b) On March 2, Windsor Company sold $947 600 of merchandise to Wildhorse Company on account, terms 3/10, 1/30 The cost of the merchandise sold was $534,200. On March 6, Wildhorse Company returned $105,700 of the merchandise purchased on March 2. The cost of the merchandise returned was $68,600. On March 12, Windsor Company received the balance due from Wildhorse Company (c) Debit Credit Date Account Titles and Explanation 947600 534200 March 2 105700 68600 > March 6 0 0 March 12 No Entry Textbook and Media

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!